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Bank of Japan's M2 and M3 Money Supply Higher Than Expected

Asian Economy | Written by CEP News | Sep 08 08 01:01 GMT |

(CEP News) - The Bank of Japan said M2 money supply rose 1.0% year over year in August, higher than expectations for a 0.9% increase and higher than last month's 0.8% increase.

Turning to M3 money supply, this also increased above forecasts to 2.4% against the expectation for a 2.1% increase, which matched July's recorded 2.1% increase.

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